New Transit Gets $293 Million

The Obama administration is investing $293 million for transit improvements, including new streetcars, buses and transit facilities. The investment is

The Obama administration is investing $293 million for transit improvements, including new streetcars, buses and transit facilities. The investment is part of the livability initiative to better coordinate transportation, housing and commercial developments. It is distributed through two competitive grant programs, the Urban Circulator Grant Program and the Bus and Bus Livability Grant Program.

Six streetcar and bus rapid transit projects will be funded with $130 million from the Federal Transit Administration's Urban Circulator Program, and 47 additional projects aimed at upgrading bus services and facilities are slated to receive more than $163 million. Dallas and Fort Worth; Chicago; St. Louis; Charlotte, N.C.; and Cincinnati, Ohio submitted successful Urban Circulator proposals.